Pinnacle Plus declared and paid a cash dividend of $7,400 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: 1-a. Compute the gross profit percentage in the current and previous years. (Round your answers to 1 decimal place. 1-b. Are the current year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 2-a. Compute the net profit margin for the current and previous years. (Round your answers to 1 decimal place. 2-b. Are the current year results better, or worse, than those for the previous year? 3-a. Compute the earnings per share for the current and previous years. (Round your answers to 2 decimal places. 3-b. Are the current year results better, or worse, than those for the previous year? 4-a. Stockholders' equity totaled $108,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round your answers to 1 decimal place.) 4-b. Are the current year results better, or worse, than those for the previous year? 5-a. Net property and equipment totaled $118,000 at the beginning of the previous year, Compute the fixed asset turnover ratios for the current and previous years. (Round your answers to 2 decimal places.) 5-b. Are the current year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 6-a. Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current year results better, or worse, than those for the previous year? 8-a. After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $26. After the release of its previous year's financial statements, the company's stock price was $23 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 8-b. Does it appear that investors have become more (or less) optimistic about Pinnacle's future success? Show less A